Wednesday, November 12, 2008

Dems and debt

Democratic Party Has a $15 Million Debt

Wednesday, November 12, 2008 4:00 PM

WASHINGTON — Party officials say the Democratic National Committee has a $15 million debt in the wake of the Nov. 4 election.

The party took out loans to cover a surge of expenditures in the final weeks of the campaign. President-elect Barack Obama's campaign manager, David Plouffe, issued an e-mail appeal for contributions Wednesday to help the party committee get out of the red.

Plouffe wrote: "Our friends at the Democratic National Committee laid it all on the line to bring change this year. We've been reviewing the books, and the DNC went into considerable debt to secure victory for Barack and Joe. It took unprecedented resources to staff up all 50 states, train field organizers, and build the technology to reach as many swing voters as possible."

And they want to run our country. I found this at

1 comment:

LadyDi said...

Yes, I expect those who govern to set the example for the masses!!! I was suspicious about the cost of all those slick/professional television ads which were produced by the national democratic party during the last couple of months of the campaign. Traditionally, winners receive all kinds of help to pay off campaign debts, but losers have a much harder time getting people to donate to a lost cause. Perhaps Mr. Obama will kick in the necessary funds from his coffers. It was made public the huge amounts of funds that flowed into his campaign as it became apparent that he had a fighting chance to win the whitehouse. I think this will be a good test of how well the democratic party and Mr. Obama are able to manage money. Obviously they know how to spend. I think this is a sign of things to come.